International Finance Corporation


bicusa.org/ifc Home InstitutionsIFC International Finance Corporation Overview Structure Lending Policies Getting Info Projects Updates Resources Contacts Ghana \| US$470.00 million Ahafo Gold Mine Status: Active Open-pit cyanide processing gold mine will physically and economically displace nearly 10,000 people in its first phase alone Read more Azerbaijan \| $3.2 billion \| 2003 – 2008 Azeri-Chirag-Gunashli Phase I Status: Completed Environmental problems cloud Caspian consortium of oil fields feeding the BTC Pipeline Read more Azerbaijan, Georgia, Turkey \| US$3.6 billion \| 2003 – 2009 Baku-Tbilisi-Ceyhan (BTC) Pipeline Project Status: Active Controversial pipeline monitored for adherence to IFC and EBRD policies and to international standards Read more Uganda \| $800 million \| 2007 – 2010 Bujagali Hydroelectric Project Status: Active Costly, unsustainable dam on the White Nile opposed by local civil society organizations. Read more Chad, Cameroon \| US$4200.00 million Chad-Cameroon Oil Pipeline Project Status: Active One of the most controversial World Bank projects ever, this $4.2 billion pipeline fails to beat the "resource curse" Read more Kyrgyz Republic Kumtor Mining Project Status: Completed, mine active Kyrgyz mine's consequences include dangerous conditions and multiple toxic spills Read more Kazakhstan \| US$150.00 million Lukoil Overseas (Karachaganak Oil Field) Project Status: Active Village threatened by high levels of toxic substances Read more Temirtau, Kazakhstan Mittal Steel Status: Active Arcelor Mittal Temirtau has received numerous loans from the IFIs, despite its problematic track record. Read more Russia \| $264 million Russkiy Mir II Status: Active Oil and gas oil terminal funded by the IFC has serious environmental and social effects but does not heed local complaints Read more Archived Problem Projects BIC has worked on these projects in the past, but is no longer actively covering them. Botswana Kalahari Diamonds Limited Project Read more Democratic Republic of Congo \| US$50.00 million Kolwezi (Kingamyambo) Status: Approved May 12, 2005 Copper-cobalt tailings project, to re-process mineral waste from old Gecamines mines in Katanga Province Read more Nigeria Niger Delta Contractor Revolving Credit Facility The International Finance Corporation (IFC), Royal Dutch Shell and Diamond Bank of Nigeria have each committed one third of the $30 million investment required to establish the Niger Delta Contractor Revolving Credit Facility, through which a local bank in the Niger Delta will extend loans to contractors working for Shell and its affiliates. Read more Romania Rosia Montana Gold Mine Project Status: Continuing with private funding Huge open cast gold mine to flood valley with cyanide leaching pond Read more Print this page Email this page		Search Institutions AfDB ADB Bank of the South EBRD IDB IFC IMF MIGA World Bank See also Africa Asia Azerbaijan Democratic Republic of Congo Egypt Europe/Central Asia Georgia Kazakhstan Kyrgyz Republic Latin America Latinoamérica (en Español) Middle East and North Africa Mongolia Russia Yemen Азербайджан Европа и Центральная Азия Казахстан Accountability at the IFC & MIGA Transparency at the IFC Stay Informed! Sign up for our e-newsletters. Sign up

	Last updated 22 August 2008 © 2008 Bank Information Center Website content may be freely reproduced as long as BIC is credited as the source.